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JAMB Commerce 2007 Objective — Question 44

Question 44 of 50 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2007 Objective paper, with the correct answer and a full explanation.

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A major setback of international trade is

  • A. devaluation of currency
  • B. exchange rate appreciation
  • C. inadequate exports
  • D. economic sanctionsCorrect

Explanation

Economic sanctions/restrictions among countries are a major problem faced by importers and exporters, hindering international trade.

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